The Game with Alex Hormozi

Latest Episodes:

8 Life Changing Lessons I Learned from Charlie Munger | Spotify Video Exclusive May 09, 2024

Show notes

“Rule zero is spend less than you earn.” Today, Alex (@AlexHormozi) pays tribute one of his ultimate heroes, Charlie Munger, through sharing the lessons that greatly helped him in his entrepreneurial journey. He also delves into several concepts such as inverted thinking, lessons about brand importance, unique, expensive, sticky business models managed by an owner, the importance of living within our means, and how simplicity and determination to stay debt free led to Munger’s personal and professional success.

Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

Timestamps:

(0:50) - #1: Inverted thinking can lead to innovative solutions.

(3:35) - #2: Simplicity is key in decision-making and business operations.

(5:07) - #3: Focus on unique, expensive, and sticky businesses.

(7:32) - #4: Know when to say 'enough' and avoid unnecessary complexity.

(8:32) - #5: Brand plays a crucial role in business success.

(10:29) - #6: Live within your means and prioritize financial fundamentals.

(12:13) - #7: Learning from the mistakes of others.

(13:30) - #8: The value of independence over money.

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Creating Conditions for Success | Ep 689 May 08, 2024

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“Thinking through conditions first rather than willpower first has been incredibly helpful for me.” Today, Alex (@AlexHormozi) shares productivity tactics and strategies for success, inspired by B.F. Skinner's behavior theory. The discussion includes managing time and attention, distinguishing between 'maker' and 'manager' roles, prioritizing deep work, and practical tips for goal setting and minimizing distractions.

Timestamps:

(1:35) - The concept of conditions for success

(5:57) - Applying conditions for success in various aspects of life

(9:28) - Makers vs. managers: optimizing your schedule

(20:52) - Practical tips for setting up success conditions

(24:55) - Maximizing productivity and decision making

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What It Really Takes to Find 'The One' | Ep 688 May 06, 2024

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”The person you spend the rest of your life with will have the largest impact on who you become.” Today, Alex (@AlexHormozi) explores the profound influence of choosing the right life partner on individual happiness, personal growth, and achievements. He emphasizes the correlation between well-being and strong relationships, the importance of shared values and growth, and the role of self-improvement in attracting a compatible partner, offering valuable insights for those seeking contentment through meaningful relationships and self-betterment.

Timestamps:

(0:37) - The impact of your significant other on your life

(1:42) - The high standards in finding 'the one'

(2:59) - The three camps of single people

(4:22) - The importance of self-improvement in attracting a partner

(7:11) - Aligning life goals and values in a relationship

(11:45) - The philosophy of happiness and meaningful work

(15:18) - The role of usefulness and mastery in life satisfaction

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Embracing the Hardships of Success | Ep 687 May 03, 2024

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(Disclaimer: This interview was recorded over a livestream. We apologize in advance for the quality of the audio.)

"the only time that you truly have no hardship is if you're not growing.” Today, Alex (@AlexHormozi) answers questions from his audience and discusses the realities of entrepreneurship, emphasizing the importance of resilience amidst consistent challenges. He offers insights into customer acquisition strategies, the value of a strong network for growing businesses, and underscores the necessity of enduring hardships for success. He also shares valuable lessons for entrepreneurs about personal growth, overcoming obstacles, and the continuous learning process inherent in entrepreneurship.

Timestamps:

(0:48) - Navigating loneliness and success

(7:57) - The journey back to entrepreneurship

(15:50) - Embracing the entrepreneurial struggle

(18:02) - The continuous cycle of growth and pain

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The Entrepreneurial Journey | Ep 686 May 01, 2024

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“It is always uncomfortable because the thing that you are now holding onto is the thing that you have to give up.” Today, Alex (@AlexHormozi) shares valuable insights on managing the delicate balance between control and delegation in the entrepreneurial journey, drawn from his experience of scaling acquisition.com to a billion-dollar portfolio. He focuses on the importance of understanding your business's intricacies and overcoming trust issues to embrace delegation, crucial for achieving significant business growth and personal freedom.

Timestamps:

(0:38) - Navigating control in the entrepreneurial journey

(1:14) - The shift from complete control to delegation

(2:04) - Scaling your business by buying back time

(3:11) - Understanding your identity and control in business growth

(7:04) - The ultimate rule of thumb for entrepreneurs

(8:54) - Overcoming personal barriers to success

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(This episode is a re-run. Original airdate was on April 19, 2021)

The Entrepreneurial Journey | Ep 705 May 01, 2024

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Timestamps:

(0:38) - Navigating control in the entrepreneurial journey

(1:14) - The shift from complete control to delegation

(2:04) - Scaling your business by buying back time

(3:11) - Understanding your identity and control in business growth

(7:04) - The ultimate rule of thumb for entrepreneurs

(8:54) - Overcoming personal barriers to success

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(This episode is a re-run. Original airdate was on April 19, 2021)

Choosing Your Own Path in The Game | Ep 685 Apr 29, 2024

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“It'll be more inspiring to other people is a much more powerful frame The more disadvantages you have when you start the more epic story you have when you win.” Today, Alex (@AlexHormozi) explores the mindset barriers to personal and professional growth, emphasizing the transformation of past traumas and unrealized potential into success stories. He shares compelling insights into overcoming adversity, advocating for proactive change, and the power of personal narratives in building a billion-dollar business.

Timestamps:

(1:06) - Navigating opinions and finding your path

(3:42) - From prodigal son to minimum wage

(5:33) - Redefining identity and overcoming the past

(9:02) - Embracing epic failures and successes

(10:50) - Heroes vs. villains: choosing your path through pain

(12:26) - The value of your lowest points

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The Unseen Battles of Entrepreneurship | Ep 684 Apr 26, 2024

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(Disclaimer: This interview was recorded over a livestream. We apologize in advance for the quality of the audio.)

“And the thing that I keep coming back to that makes entrepreneurship difficult is that you have a known cost for an unknown payoff. “ Today, Alex (@AlexHormozi) answers questions from his audience and shares vital strategies for entrepreneurial success, emphasizing perseverance, strategic planning, and adaptability. The discussion navigates the challenges of scaling a business, adapting to technological disruptions, and overcoming adversity in personal and professional realms. Key themes include commitment, flexibility, and learning from failures, providing insightful guidance for anyone on the entrepreneurial journey.

Timestamps:

(0:35) - Navigating entrepreneurial uncertainty

(7:23) - Strategic decisions for aspiring entrepreneurs

(14:36) - Overcoming analysis paralysis

(20:59) - Navigating personal and professional hardships

(25:30) - Leveraging social media for business growth

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Mastering the Art of Irresistible Offers | Spotify Video Exclusive Apr 25, 2024

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“Nailing the offer is the single strongest lever on your business success.” Today, Alex (@AlexHormozi) reveals effective strategies for creating irresistible, high-value offers to maximize profits and accelerate business growth. He emphasizes the importance of crafting the right offer for the right audience, implementing scarcity and urgency in pricing strategies, and leveraging the power of perceived value to enhance business success.

Timestamps:

(0:36) - Mastering your offer: the key to more money

(8:40) - The power of selling to the right people

(20:53) - Maximizing revenue: why you should charge more

(22:47) - Unlocking unique value propositions

(27:40) - Enhancing sales team conviction

(30:41) - The power of pricing on perception

(33:28) - Applying high-value strategies in business

(38:41) - Demonstrating value through scarcity and urgency

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7 Ways To Measure Business Value | Ep 683 Apr 24, 2024

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“You can bet on yourself, but there are so many more stories of guys who bet everything on themselves at the casino and walked away empty handed.” Today, Alex (@AlexHormozi) shares the key aspects of business valuation, debunking common misconceptions and highlighting seven critical metrics: contract value, lifetime revenue, business valuation, yearly revenue, profit or EBITDA, net free cash flow, and personal net worth. At the end, he ranks which of the metrics are best to use and why you should not be looking at the others to determine the value of a business.

Timestamps:

(0:56) - 1st Metric: Contract value

(2:35) - 2nd Metric: Lifetime revenue

(4:58) - 3rd Metric: Business valuation

(7:10) - 4th Metric: Yearly revenue

(8:14) - 5th Metric: Yearly profit

(10:11) - 6th Metric: Net free cash flow

(11:07) - 7th Metric: Net worth

(13:32) - Ranking each business valuation metric

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(This episode is a re-run. Original airdate was on July 1, 2021)